Cheap Apartments for Rent in Monroe, LA from $400 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sycamore Point
1 Bedroom Apartments

Sycamore Point

1837 Juliana WayMonroe, LA 71202
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Lakeway Apartments
2 Bedroom Apartments

Lakeway Apartments

3375 LA 594Monroe, LA 71203
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Magnolia Terrace
2 Bedroom Apartments

Magnolia Terrace

900 Riverside DrMonroe, LA 71201
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Belle Bayou
1 Bedroom Apartments

Belle Bayou

4200 Loop RdMonroe, LA 71201
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Tri-City
3 Bedroom Apartments

Tri-City

1804 Laymen DrMonroe, LA 71201
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Southern Pines
3 to 4 Bedroom Apartments

Southern Pines

101 Preston LoopMonroe, LA 71202
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Armstrong Apartments
1 Bedroom Apartments

Armstrong Apartments

214 Balboa DrMonroe, LA 71203
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Stadium Place
1 to 2 Bedroom Apartments

Stadium Place

510 Warhawk WayMonroe, LA 71203
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Monroe, LA Local Guide

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Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, LA is a 1 Bed unit found at Country Club Apartments priced from $600. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Club ApartmentsOne Bedroom1BR,1BA$600
Park Place Apartments1 Bedroom1BR,1BA$625
Parkwest Apartments1 bedroom1BR,1BA$650
Belle BayouOne Bedroom1BR,1BA$650
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Creel PropertiesSTADIUM1BR,1BA$705
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$770
Contempo Apartments2 Bedroom Flat2BR,1BA$775
Haltere at Monroe1 Bedroom 1 Bathroom1BR,1BA$775

Best Value Apartments for Rent in Monroe, LA

As of July 24, 2025 the best value apartment in the Monroe area is the $0.76 price per square foot 2 bedroom townhome Model at Churchill Townhouses Apartments in the starting from $950. The second greatest value Monroe apartment is the 2 Bedroom Model at Bayou Park Apartments starting at $895 with a $0.82 price per square foot . Here is today’s list of the best values for Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Churchill Townhouses Apartments2 bedroom townhome2BR,2BA$0.76
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.96
Parkwood Townhomes and ApartmentsApartments2BR,1BA$0.80
Contempo Apartments2 Bedroom Flat2BR,1BA$0.81
Westchester Square2 Bed 1 Bath2BR,1BA$0.95
Westbrook Villa2BR/1BA2BR,1BA$0.99
Parkwest Apartments1 bedroom1BR,1BA$0.87
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
101 Willett Pl Blvd, Unit 104-apt-3b101 Willett Pl Blvd1BR,1BA$0.86

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Monroe Overview

Monroe is the eighth largest city in Louisiana. It is an educational, economic and medical hub for Louisiana. The people of Monroe make the city exciting and a beautiful place to live and the options for apartments in Monroe make finding the perfect place to live easy. The city boasts of many unique shops, community centers, neighborhood parks and local restaurants. You get to enjoy great food, a wide variety of entertainment, and most of all the interaction with welcoming people.

Why live in Monroe, LA?

There is a lot of good about the city and living in Monroe apartments. If you are looking for a place where community matters, Monroe is the right city for you. On top of the good transportation, peaceful neighborhoods, beautiful parks and more, there is a robust farmer’s market where you can get fresh food. There are great schools both private and public in the area. The people are however the best part of Monroe, they are warm, caring and friendly.

Best Local Schools in
Monroe, LA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, LA Rentals by Map

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See the most popular apartments and homes in Monroe, LA

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Getting Around Monroe, LA

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Monroe Apartments

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $600 at Country Club Apartments.

What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $700 at Parkwest Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Westbrook Villa and starts from $932.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.